The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 30, 1906, Image 11

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JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 'J Mur SHI m THE GPK Was Some Support Based * on Further Rains in Atlantic States. ROOM SHORTS COVER NEWS AXD GOSSIP Of the Fleecy Staple. lMvat* Wire in Gthert & Clay. •Sen- tort. July *).—Urerpool at J p. m. waa nnehanged to t lower. It wa> expected to l-e unchanged. The Journal of Cotameree aaya week's traUlux lu dry goods ended with cnnfld. nrr expressed on all (Idea aa to the Immediate future of the liualueaa. The tone underwent a rhauce for the better from the time the doora were opened on Monday, and returna from the nuills were to moat merchanta, but the great volume of the operatlona were of a healthy and satis- factory character.” » On Which Late Months Ad vanced to Within a Point of Saturday. By Private Leaned Wlr^ .Yew York, July The cotton market was fairly steady at the open Inf. in view of the cables. There was tome support lased on further rains in the Atlantic states. After the call late months advanced to within a point of Saturday's Anal on covering: by the room. Commission trade was moderate. SPOT COTTON MARKET. New York—Quiet at New Orleans—Quiet st lOftc; sales. 300 delivered; mi on* n ^ Liverpool—Quiet at f5j. Augusta—Steady at lie. St. Louis—Quiet at 10 16-16c. Boston—Quiet at 10.90c. Baltimore—Nominal at Memphis—Quiet at 10fte. Savnnnah—Quiet at 10 9-16c. LIVERPOOL COTTON MARKET. Urerpool, July 30, 12:15 p. ra.-Cotton, ipot quiet, with price, enalor; middling upland- (VI; .nice 6,000: American 3.100* *”d export 600; rraSpta iOOOi speculation Amerlcnn coo. Futures opened easier. Opening iSk. August sept. Sept.-Oct.. Oft.‘Xov. . . . .Vov.-Dec I'ec.-Jan Jnn-Feh.. ... Feb.-March. . . March-April.. .. 'losed steady. The following table Rhows receipts at thw t -day, compared with the same day 1 lance. Close. CIoi ••Kit£ P.73 5.71 1.78 .6.74-5.73 5.73 5.73 .5.« 6.64-5.05 5.M 5.564.60 M0 6.5M.56 5.56 5.55 6.56 !;.6.'664.M 6.M iliis . .6.67-5,68 5.57 5.68 6.68 ...6.60-6.00 8.60-6.60 6.68 ..tM. .6.66 ...6.66 TODAY’S PORT RECEIPTS. W I INTERIOR MOVEMENT. Houston . Augusta Memphis , 6is“" WARE A. LELAND'S DAILY MARKET LETTER. i»«t week's afinlaethlty In the COlH trading today and after the opening ope HP pons were practically suspended for a half hour or an hour at a time. Every one ii vetting for tho report on Friday of thia •**k, nnd the occurrence of additional tather too frequent to induce short seillni at the moment, the market Itself soema to pave renrhed a condition of stability where to sell, in other at Ion* hardly pay for the trouble involved in buying or wiling. This condition of rourse Is not likely to last long, and after the monthly report Is out of the way some activity Is certain to develop. There waa a little too much rain in many aectlona. and this led to some short covering. Cotton •eemed to bo for sale on the advance, how- that has led to a narrow market for some weeka paat. lteporta on the program of the crop show tho majority of sectiona to be In unusually good shape for this season of the year. New York, July SO.—The stock market waa ■trong in the morning, with considerable manipulation to facilitate realising, and In the afternoon an attack being made on Consolidated Qas, the Hat weakened a lit tle nnd yielded owing to the combined in Inrsce of elimination of shortage, realli In# and ahort selling. The market will be Placed ip a very good technical shape again through n moderate race salon and we be- J Heve stocks should be confldently bought ^ f two to three |M*int receaslc two to three point recession from op of today. The underlying factors to be very good, nnd we think the determined to ratae the J*ffe latoreots — - —- -— l^vei for distribution later. There are en couraging sign* of an increasing outside Interest and the broadening of the market will no doubt do much to advertise it. We continue conHervntlvely bullish, as outlined In gossip today. MONEY AND -EXCHANGE. Br Private Leased Wire. New York, July I0.-Moo«y Sterling exchange 4.8204.95ft. . COFFEE MARKET. H I to I| Wire. _New York. Jnlr tt-Fi Ble Ift*. N>w York, July 30.—Coffee firm; No. 7 Fifty years ago the Hamburg-Amarl* fan Line was started with two steam- Today the.sams company haa 157 ® r ean fteaniern plying on fifty-five dlf- f f rent routes to all parts of the world. King Edward has taken to equestrian exercise as a means of keeping his weight down. Since the rabbit hole mis hap, which lamed him. His Majesty has been unable to take walking exercise. New Orleans, July 10.-Liverpool 1 down Is a shade disappointing. Was due unchangr * Our traveling man wiree: "Crop clear through Indian Terrltonr and Oklahoma simply Immense. Little Rock to Memphis rets of the cotton crop during the month of July, The consensus of opinion points to the following results: L Distinct Improvement haa. been the rule, though the Atlantic states complain of excessive rnina and similar complaints begin to come from the districts to the westward, 2. The boll weevil and other peeta teem to have done no appreciable harm so far. *. Recent hesry mini bare retarded the maturity of the plant and may cause a serious change in conditions later on. 4. Farmers are troubled by scarcity of labor In some sections, but the embarrass ment on this sccount can hardly be said to be greater than usual. Private Wire to Ware A Leland. New York: July 80.—Urerpool opened quiet 1 down. At 11:15 p. m., unchanged to 1 down, with the exception of July, which Is 4 down and quiet. Sales 5,000. Spots down at 6d. Due to come about changed. The New York cotton market opened ilon trnde very small. — ...y small. Look for quiet and iteady market without any Important changes. - - -new tenders Ireported are hardly a favorable feature. | The Tlmes-Deinocrut's July conditions Is extremely bearish. Weekly press reports generally are also favorable, especially those relating to Texas nnd Mississippi. ■ The weather map la favorable. Good showers are reported la the Atlantic*, but GIBERT A. CLAY'S DAILY COTTON LETTER. New Orleans, July 3d—Options In Uver- MOO tremely scarce, and denoted a featureless market. .The only feature of intereat was On whole, their advices denoted a din- Atlantic states excessive plained of, which may retard mnturlty. ret. no material damage has been done by •roll weevil or other cilsp Insects, nnu scarcity of labor has not been greater than usual Hummed up. It was a most favora ble STOCK MARKET OPENED HIGHER Traders Favorably Impress ed by Persistent En ergy of Bulls. RANGE OF NEW YORK STOCK MARKET s NOTES ON GRAIN TOOK PROFITS LATER But the Market Shaded Very Slightly From the Best Figures. ble that a continuation of the present nar- raring , ■eem based on the belief that the report may coutaln some surprising features fa rorable to an advance. WARE A LELAND’S DAILY COFFEE LETTER New York, July 39.—The coffee market .pened firm, at an advar * ' ou a continued demand ... . and Investment buying, the broadening of which was promoted by cables from Eu* , .. r . PI rope explaining the advance there aa due * * 1 ~~A |to the covering of scared shorts snflH K sslnr through tbo oonnte of the rnlorlxnl m bill. Another factor In faror of prices waa also furnished by the low temperatures In several districts of San Fnulo, which •erred to reinlud the trnde of damage to result of cold w’ea tb-r during the late sum! mer nnd early autumn In nrasll, and at the opening there waa n large buying nioveniem of the market several times during the permanent advance as a result crop slid decresses In the visible supply of the world as a consequence of this railing off In production.—Ware A Leland, Opening fuii June..., July August, AUgum.. .. fi September. • • October . November., . . December. . Closed firm. 7.60-7.66 7.70 7.76 6.96-7.10 695-7.10 7,00-7.06 7.10-7.15 7.16-7.26 7.26 Role. 109,600 bugs. 7.40-7.46 7.46-7.66 7.66-7.60 7.60- 7.06 7.70-7.76 7.60- 7.16 7.06-7.10 7.06.7.10 I-S-i-B 7.16-7.90 7.9007.80 7.90-7. • COTTON 8EED'OIL MARKET. New York. Jnlr 90.-Th-r, bat Ilttl* activity In the market for ration Mod oi on Bsturdsy, o« Iiotial on tho la«t dor of tho week, nnd the only feature waa a -Unlit reduction In pries* Tbrouihout the week, tb- market waa wrll-anatalned, with more orer October, notwltbetand/ng that It haa Jieon predicted ^that a^ larje amount of new oJTean be had her, fdr’Sentember de livery. Many, drelerasreof tbo opinion that thin could lie done only to a limit ed extent, howeror. and for this reason there haa been little Interoat on the abort aide, iloaplte the allnrlng difference In the nrloe 1-etween the two month*. Loesl bnlla and prominent refining Intereata were the priiirliial bnyent laat week, and toward the olhae had to take on quite a large amennt of oil to abaorh offering* and hold the market. Of late, no crude oil haa been Texas points on the Iki«I« of 97c for An gnat delivery. Stocks of oil ore rather ■mail, but In strong band* and there la a fairly good spot demand.—Hare A te la nd. July August.. .. September. October. Corember. , Tecemher.. rioaol ateady. galea 300 Aoghat at XU- CONTRACTOR DIES AT ANDERSON, S. C. Special to The Georgian. Andereon. 8. C., July 36.—T>om*» A. Archer, a lending business man, died her* at 19:45 thia afternoon, after an inner* of only a few d«ra. Ho waa year* old and leare* a large family. He waa the eenlor member of the firm of Archer & Acker, tinner* and contractor*. <B E. ALABAMA ST. GIBERT & CLAY ATLANTA. OA. COFFCC. PltOVISIONS HCMBCSSI „l-*go Board of Trade. J(MI>ool Cation Aaooclatloa ialreeton Cotton Exchanz* Prime Local and Lena Dlttanee Talsphone 52S». | R. FAGAN, Mananar. By Prlrate fcased Wire. New York, July to.—The market* abroad wera again considerably unset tled this morning a* a result of re newed weakneas In Russian securities. Russian bonds fell sharply on all the European bournes, while In London the dlecount on the new Iqpn touched again almost the top qt a week ago. R did not appear that then, was anything the news of the day to explain thia fresh disturbance; It aeemed to be oo cottoned by Paris liquidating part which it bought lost week to euataln the market. AH the London depart ments were more or lea* shaken by th* Russian selling movement, but on what were obviously supporting order* from this aide, the American list was held above our closing, parity of Saturday. There waa accordingly very Ilttl* check In the early hours of business upon local operations for the rise. Buying, went on heavily, pretty much through the entire list, and In moat of the leading Issues laat week's high figure* wars exceeded. In the stock market opening prices In almost every case disclosed Im provement over Saturday's'close. At lantlc Coast Line and Great Northern preferred gained a point; Sugar 3-4 Steol preferred 6-8 and Northern Pa clfic, Baltimore and Ohio and Smeltlm -4; Amalgamated.and St. Paul openet .-4 lower and Brooklyn Rapid Transit, Union Pacific and National Lead ahad ed 1-8. The traders were favorably Impress- sd by the persistent energy of the boll forces. The traders were Inclined to take profits, however, before the end of the hour, but the market shaded very slightly for the best figures. The rise In Amalgamated Copper and continued references to the strong strategic post tlon of the Industrials caused now ad herents to come Into tho bull ranks. At the end, of tho first hour, following the early fractional Improvement It many stocks, the feature of tho regu larly active list was Reading at a net gain of nearly 2 points. . Government bonds unchanged, er bonds firm. Oth LONDON 8TOCK MARKET. STOCK— Ansrands. Atchlaon.. .. ... Canadian rselflc.. . . , Chic., Mlf: and St. Paul Erls.. .. .. .. .. „ ...... <lo, preferred Illinois Central. ... . Louisville and Nasbrill*.. New York Central. . . . Northern Pselfle Petinaylvsnls h-edlng.. .. Southern Pselfle Union Pselfle. Union I'»CIDC,, .4 t* sees United Htnte* Steel do. preferred.. .. *»•.. ■ l»IU. ABKP4I. Georgia 4V4*. 1« }» 8 SVhVi»ft—::::::::::: m ^ *li5«.13d3.. Macon fa. 1910 Atlanta, 6f. 1ML Atlanta. 4ft Atlanta 4*. Atlanta; 4 1 iojVi Atlanta and Weat Atlanta and Weat _ C. It. of ileorxla first 106 107 Point'Debts! io7 116 st Income 66 TSrd Ineom. 17 97 Qeorgla Pselfle lsjs 196 191 Co G sad A Ut.~ 119 STOCKS REVIEWED BY NEW YORK SUN New York, July 16.—The Snn soya: "Tbs stock market opened laat week under rath er Inauspletous circumstances on sccount of on the Paris bourae, dedlned-6 . the cloee of the preceding week. Americans a hired the fate of other —rarities on the London market, being depressed jo the ex- tent of from one to two points in all tbo leading motive laeuea. Notwithstanding this, howerer, onr market opened strong — U'lwner, »UI uia i*ei siiuug *ess Monday and galutd ■trrngtb a*the day advanced, being apparently Indifferent to bnppenlngB abroad, while the death of viable effect on the courae of prlrao. ‘Hiring movement in ttocka which haa been infetiy ___ Into the flrat poeltloa both as regards strength suit activity toward the end of the week. The lmproremeat in Americans was followed by a aotiatastla! recovery In the markets abroad. In which Boaatan.aeraf- ttlea participated to a very satisfactory extent aa soon at It becamo evident that the ntlon of the dooms that reactionary nnd repreoalve liL” * were to prevalL"—Olbert k Ctay. proof alleles THE LIVE STOCK MARKET. By Private Leased Wire. Chicago. Jnlv Hogs-Estimated re ceipt. 61.000. Market alow and 16c lower; enemy fair: left over 4.162; hulk 94.400 tM: estimated for tomorrow U.OOO^JIght plg« II4604.76; good to !666. Market eteady to ml ~good ~prlm* 10^140; poor to nuflltim U.T0f|5.fl6; ab .... w iflduh and feeders 12.406440. Hh^p-B^imatetl rerelpta 39.0001 Market •low and barely steady; quality fair; na tive IlSW.S; wratern year- linn *5.40#4»;.50; ■■ laiaba Jl G'^yT.CO; western Iwm THE SUGAR MARKET. if Private Leaned Wire. New York. -Inly 90,—Lor*I reined and .4w eager steady and ■■changed. Igondon markets quiet; July and Aeguat fiki Atlantic Coast i-...r-,.,......... .Muerfeau Sugar neflntng..... . . . Anaconda American Ix>comotlve..., do, preferred; American Sincltlug Ueflalng do, preferred Atchison s\ do, preferred American Cotton OU Baltimore and Ohio * Brooklyn Rapid Transit Canadian Pselfle Chicago and Northwestern... Chesapeake and Ohio Colorado Fuel and Iron Central Leather do,- preferred Chicago and Great Western Chicago, Milwaukee and »t. Paul... Delaware and Hudson Distiller's Securities.. m3* mm do, preferred general Electric. Illinois Central American Ice Securities.. Louisville’ and Nashvtue...... .Mexican Central Missouri Pactfle New York, Ontario and Western •>t’w M'l*. uuianu nnu National Lead Northern .Pacific.............. New York Central : Norfolk and Western,..,......... Pennsylvania , People's Gaa Pressed Steel Car Pacific Mall ... Reading Republic Steel...... ltock Island S referred fates Rubber do,* preferred., Southern Pacific Southern Railway do, preferred.. uu, RloseRheffleld Tennessee. Cpai.jind ’iron‘7.7.7..7.77.7.’..77.!!!!!!!!!!!! Texas njid Pacific Union Pacific ( United 8tatea Steel , do, praferred Virglnlt-CarOllna Chemical do, preferred Western Union . Wabash referred.... do, preferred.. Wisconsin Central * do, preferred... Total stock sales today fosjECO ihnrea.• Pointers oo Provisions. Private Wire to Glbert A Clay. Chicago. July 39.—Lower cables i over-run of w‘ ASS In tbla .tat*, where , and la again unlay. We do not proapeet of making money on short of ram at preseiit. and would buy I ■eak .pot* <Mir crop expert wire, from Cleveland, N. I).: "Wheat doing wall. Nat (O uincli red rnat, but pretty dry." ■■'ommla.lnu ImUM-a have been ecllrra of wheat, probably long line, coming out. . Winnipeg wlrt-o: ''Clonr nnd .warm -ti H lmifpcg wire.: "Clear and .warm -ta- day, Iteporia from tho eonntry contluue favorable." . A lot nf ram baa Imsn tobl out on the knee. In corn and oat. Herat winter wheat belt are having no dlfflrnltr In .npplylng current and often future need, it their own mill door* Foreign buyer, are thu. fir rirtlbent* In tbelr purr ha ae* deaptte the certainty of their need of larg. qunntttle. of American wheat. ItllfflCleUt Indicate that the,nortbwe.t crop will not S ake good Ita early promlM of .xcwdiug . production of any former year. i Wire to WaraTi go, July 16.—Long i ramml.ilon hou L L.l"nd. 1’riv.t. Wlr.^to throngh commlnton houiw* , llo ’not lo be nay Hop. al 75 and ftw buying or- era there. Condition, favnr lawn market, for Mrs, wheat and oat* Corn waa raid generally by coramlulon home, on larger receipt* rain, over Hun- day and weakneea In wheat. Bhort. nr* covering ou th. break. Thera hn. been ron.lderahle liquidation n oat* May have .mall rallle* but lie- leva they can bo I-might lower down with exercira of pntlence. FLOUR’ MARKET IS VERY QUIET and, fearing RANGE OF THE COTTON MARKET AT NEW YORK. York today: „ , La.t l'raylone en. Hlah. Low. Bela Cloa* Cloae. ).« !.'16.98 1A94 10.97 16.93 10.19-93 10.86-30 an ..tail 10.18 10.31 lft98 10.37-38 10.044 ich !!w.y i6!H ioiii iaia 10.4940 10.4447 AT NEW ORLEANS. at preaent, a. * ' » wheat reach Ita present , if a further deellne, they have ■ cumulated any heavy Iti-ck* How ever, advice, from reliable eoureea In tb* eat state that farmers el 1 atorlag whet nd large dtalera are buying anil etorl j the elevator.. Tb* re|H-rtB from t-H weat Indicate that tb. crop I. tba heavlret known for yean, and tb* quality la of the very lamb Tb* n*w flour received a Allan Tb. following I. th. rang. In cotton future, in New Orleans, todays Open. Hlah. I.nw- July ..16.40 10.60 I Olora. Ulnae. 16.40 10.66 ia60 16.61-68 .10.44 10.44 111.43 10.43 10.41-43 10.- I ate I* .uperlor to any that has wen recelrad here for yrera. Atlanta obhera bava a reputation both locally and ~ Ute weal for their high ataud.rd. of ' the V ’ - quality of flour, nnd th. very ba.t gnml. inllliHf In tin United mate, enn I- pur chared on thia. market, Tbl. Is alio tr <t,t ..16.11 10.23 tail 10.30 lo.SS in. 11 Nor ...... ..... ..... 10.H-M 10.91 lisa ..10.90 16l96 10.M 10.99 10.23-23 10.E Ian ..16.36 10.11 10.» >ich .‘.lo.io io.» io!» io'.si io!« Clooed barely iteady. TIPS FLASHED From Wall Btreat. Prlrate Wire to Glbert ft flay. New York, July 30.-Danlcl Odell ft Co. “Development, ever Hundny ere not dig counglng, and the abeenen of dlitur foreign new. I. gratifying to tho bull ment. Thle week It f. expected thnt Steel report will encourage an extension ol market, optlmt.tlc tenor. believing that the money market I. grad! nnlly Improving, nnd prominent Invc.tment ■jreltntlon. In-tlll freely exprere the opinion that Im dl.pelled by lower money rate* Tha martef (a well In hand, and In th* avant of any general recerefon thia wrek we ild embrace the opportunity to buy —J atock*" The mirkot may reced^e from prerent bay look like prlere, but nt prerent pure hue on ell decline* Th# market reerne to b. bolding welL lint look. 1 little a. If the rellera and boy ar* of ten day. ago were rereraad. I think > should have 1 reaction. buying. Prirnta Wire to Wore ft Leland. Dow-Jonea’ .nmmary: American .took, laLpsdon Irregular, Domna member, will meet probably In Doutna Finland. rrirao^rerihqmil'ei'of "wbk5~fore|gnedm- panic euetalned a lore of 667,791,9*. heavy that Carnegl# company Hsm. B ,‘^ r .rt*.r fh‘. n commltt**. 000 I ovi* th* pftvloua wrak. Nineteen clearing houre Imnkii rvported ‘•^bfr’dfrJSre^P^"'. doohW track the read batwren tb* Kanes, wheat flalde "pimnriafcondltlon of tba ranthweet con- tlintic'pa.renfer trsral Urge.t on reo- uicetric train* an New York, Naw H.7« and Hertford between fitimfard an-1 New Tort begin opera Iter Beptemlmr A Kanw. Cltjr packer* advance price of meat to th. hlgheet point In twenty year* Illinois Central to retain Its lndeprad- Twelve Indn.triala advanced .19 tmr cent. Twenty active rail* advanced .9»pei .per rant. The nopnlafion of Oenneny, ncrardlng to the 1966 ranine. It announced by the Im perial anthoiitlee to b. Vice Consul General Bladorf, who trannnlt. the report, nn 'b* 1 *8. popaUnoa bag la- •reared 7.6»- per rent rince UM. and that there are now 112.1 perrana for every aqnare kllometar. THE FIR8T AIR BRAKE, From Sucre... P.rraoa who ahoold have known better thought Weetlnghon.t vl.lonaty when they wore told that he proponed lo .top a train by air. Nobody .eemed Inclined to let him try hie plan on a real train, bat they did not ob ject to his working a model of It In a tbop where b* could do no harm or Involve anybody da* In expen.e. II* knew hi. jehtma would work, but h* could not make any one eta* believe It. Ho b. continued to Mil bl. Invention for replacing derailed cars on tbo track, and to talk about hi. brake to any rtf' atlroa, with 'tbl. alr'thlng 4Mf yon ref 1 ' tbay would »k h. couldn't aty tbit b* bad dons so. y would lot film — “ train of di try IL even on t Hn of damp ran. On* day h* arrived In Pittsburg, railing J» other Inrentlon and talking about hi. brak. notion to a man connected with a ■liroad man; "w* wll ..... ... .. mr _... Bo th* offlclal of tbl. railroad permitted . - ekabaw on ona of thdr train* 11* had to agraa lo Ibdemnlfy tha road for any damaga that might he caused to the train aa tha malt of pis trial* The train waa eqnlpped. On tha -Irrig ated day the ranfldent Inventor and a group of skeptical railroad mm boarded th* train on whlcb tha flrat air brakes ware Off' wmt tba train on Its Initial trip. Tba engineer pat on fall .peed, .nd lust .. he h.a rounded n carro bo saw ahead, at a grad* croa.lng, and In lb* middle of th. track, n loaded wagon, n man and n hoy, • nd t 1-alky bone. Tb* engineer moved hi. Ilttl. lever, and the flrat train that wa. ever .tapped tor air pulled up at a stand still rarer*! fret snqrt of tb. obatruc- Ttin* 00 It. flrat triaL tb* Wratlngboura air brake raved life, and prevented damaga to property. Thenceforward talking was nnnoraraary: *11 that had to b* don. we. to make brake* The Inventor thought of ._ , western hay :rop, we will »e* high price, tbl. raaran. Tha price of .hurta advanced this week “ ;-er tun, wbllo the bran market i. very The corn and oat* market I. vary strong. Atlanta la now hin-lllug a new product from the .wrap, alfalfa hay, Ba hm mi been written of tbl. article a. a food fat •lock that Is unexcelled that many pwplv ar* qulta familiar with IL MUTUAL. Prom tha Milwaukee Hcntln.l 1 nnt not qoite u^tl.fled urlft) your ref 6BH__„ . erenep.," .eld tbo lady of tba bouse to tbo cook applying for work. mum; but they're the -ok applying for \ "Naylher am I, 1 beat I could gal." Ol TO BE INCURABLE. Pram tb* Philadelphia I’rere. Varner—I wouldn't mind baring an In- Aacnm-Yoa wouldn't? Yrrn#r—No; they toy poverty is th« only ■urn cure for goat. 8CORE ONE FO« THE POET. I 1 * >111 till- I ’111! kI’-IjiIiIic rri’-w root—Apparently you don't Ilk* my ton Kdltor—No; I don't think moet>~ I'opt-Ah! ynu don't. That explains It. WHEAT OPENED I Minneapolis Lower on tha Curb nud Cublcs Were. Weaker. STARTS MARKET WEAK At the Close All Options Showed Sharp De clines. By Print* Lamed Wire. Chicago, July 10.—Whent stock, con tinue to pile up In all potlUnne. the visible supply Increasing 2,406,000 bushals for the week nnd putting the tots) to 21,181,000 bushel * compared With 18,854,000 bughelo n year ago. long wheat waa sold <>n this, coupled with th. bcarl.h condition* in general, and wheat struck the loweet level slnca 1008. The doe eehowed loe.rs of 7-8{e 8-lc for the day. A Philadelphia exporting concern wired that unleae , the pubflo came into the market 70c : wheat would he eeett. A dlapatch from Minneapolis says: “Naw wheat will bo delivered to flour mllle In the Routhem Mlnneeota the last half of this week.” j There waa naught on which to buy wheat. Primary receipts of wheat were 9,« I 178,000 bushele and com 464,000 hush* 1 el*, compared with 1,647.000 and 467,006, respectively, a year ago. Clearances were 044,666 bushels nf wheat 46,660 bushels of com and 10,000 1 bushele nf oati. Com closed firm nnd 1-4778-80 hlgh- '. Oata off, 1-808-80 and hog pro- duett were 7 l-IAIOc lower. ■At Chicago 200,000 wheat, 160,004 com end- 200.060 bushels oats, cash, ware traded In. CHICAGO DRAIN MARKET. Pr*v. Low. Clo«*. Cioss. < 74}4 te tee e ...... Tttt Open WHEAT—h July Hojit Dp* ■ CORN— lr R OAT*— July..... S3 fiSpL.».e m TtH 73ft 73ft "IV -|L 7«ft 76 70ft 49ft 6A T 4 47ft ss I'6flK- July... lf.S Fspt.ra 17.00 rs 31% 82ft Jau..M 14.20 LAftD— July... 3.63ft Hppt.. 3.80 Op\.,.. 8.85 HIDES— :*k~ t*K 10.25 ar 19.25 14.25 16.96 10.96 14.13ft 14.2u H V, 3.90 8.87ft 8.62ft 0.70 ».77ft July.., f.M f.Ofi S*pt... 3.10 I.M CAM!! 8.97ft I .15 .80 Mrd wlntvr 7347174; Nrt. _ ‘ “Ttthsrn sj-rliig 787179; o. 8 do Ihlt77. Mr Tho»«> IJnton hss had models mad* of th* tbr** Hhamrorks. which li* will pr*s*nt to the N*w York Yaclit club at an early dat*. Tbsy are nuw being ex hibited In London. built 1 loutd l*atb. i*r, a German musical composer. PRIMARY MOVEMENT. Tb* following figure*, glra the primary mov*m*nt of wncat and cornt Whsat-Rfcslpti today 8.176,000 hush*la, against 1,617.000 hnahria laat jeeri *hip. ^“ “lay 180.or«0 tmabris, against 745.O08 iat leer. toda^ ^ 4^4,000 hnshel m*nta to^apH bushels last imi Corn-R*c*mta ■■t 166,660 In a.alnit i irathela : year) .hljtimenti year. l-ell waa than ealy 27. The value of copper produced In the United Htates In 1106 was 8127,498,727, aa compared with 2106,828,145 In 1904. The product of 1906 waa much th* largest ever recorded In th* United Btates. Exports of copper to Germany, Holland and other countries continue to Increase. Wheat SS lloga . CHICAGO CAR LOTS. Today. Ta LIVERPOOL GRAIN MARKET. Wheat opened % lower; 1:80 p.m. ft to % lower; closed ft to ft lo Corn oueneil ft lower; closed ft to ft lower. 1:30 p.i lower; NORTHWEST CARSb Minneapolis , Iniluth ... , Chicago ... Today. Week. 'Last Year. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Justice Darling, an English Judge, suggested In th* course of an automo bile rare recently that th* apecd Indi cator* of autos might wall be marked •Fine,” ''Imprleonment,’’ "Man*laugh “ "Murder." Ur," The decree** In the number of hogs gla-jghtered In Germany last year wag to considerable- that th* heavy Imports of cured pork product* from Holland, Austria and tha Unltad States ware not sufficient to malnUIn a good supply. gardensr In Korea ha* made a natural armchair by twisting a grow- vln# Into the required shape. Af- the tinea had grown larg* enough they were cut, the wood polished, and now th# chair look# as If it were made mahogany. It weigh* 100 pound* SOUTHERN EXCHANGE Oldest Established Office Booth. COTTON—STOCK—BOfiOS—GRAII Ground Floor Gould Building. Dally market letter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent's Capital {250,000 sreestNCe. the ncal bank PHONE I*IT. 1-nUOENTIAL BLOC If you contemplate opening a new account, or changing your preeaot banking arrangoment, and wlib to connect yourself with a strong, conaerr- I atlve bank, fully equipped to aorve you as your business J ratifies, w* [ Invite you to call and talk tba matter over wUh ua. Am O, Candler, President. W. H. Patterson, Vice-President. A. P. Cole., Cashier. John 8. Owana, Vlce-Pr*ild*nL Wm. D. Owtni, Asst. Cashier, LOWRV NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. • Mtw Orient. cotton^gra;^, < hlov*isi6n?> i 1 svgcks? BONDS, No. 2 Will St.. Peters Bo *,.g. Atfnto. Cs. tew York Cotton luUoyt. Nrw Orient Cettoo lubeeje. liter tool Ceftoo itteelotlm, ■ MIMBIRS: Chlctto low* of Trtie. Cklcoeo Stork lukoage. L New York Collee Itcbaje. •I?. i Float 2 WM. L* PEEL. Prasidsat. ROBT. F. MADDOX. Vles-Praa. MADD0X-RUCKER BANKING CO. $200,000.00 $500,000.00 CAPITAL SURPLUS AND PROFITS ! ! ACCOUNTS INVIfCO We invite accounts of -individuals, corporations, banks nnd bankers nnd offer tho best terms consistent with conservative hanking. i